KCS - Trend-Following Setup!

KCS is overall bullish trading inside our blue channel so we will be looking for Trend-Following Buy setups as it approaches the lower blue trendline.

Moreover, the green area is a medium-term support area.

So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline.

As per my trading style:
I will be waiting for it to approach the highlighted purple circle area to look for buy setups (like a double bottom, trendline break, and so on...)

We would be overall bullish unless the sellers manage to break below the green zone downward, then a movement till the lower blue support would be expected where we will be looking for new buy setups to form.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich